EUM vs. IXP ETF Comparison

Comparison of ProShares Short MSCI Emerging Markets (EUM) to iShares Global Telecom ETF (IXP)

EUM

ProShares Short MSCI Emerging Markets

EUM Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the MSCI Emerging Markets IndexÂ®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index includes 85% of free float-adjusted market capitalization in each industry group in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.67

Average Daily Volume

10,126

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.15

Average Daily Volume

13,302

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EUM	IXP
30 Days	5.59%	1.71%
60 Days	1.66%	3.72%
90 Days	2.56%	6.07%
12 Months	-6.06%	30.85%

1 Overlapping Holdings

	Symbol	Grade	Weight in EUM	Weight in IXP	Overlap
	BIDU	F	0.6%	0.56%	0.56%

EUM Overweight 8 Positions Relative to IXP

Symbol	Grade	Weight
BABA	D	6.01%
JD	D	0.46%
NTES	D	0.39%
TAL	F	0.32%
EDU	D	0.3%
TCOM	B	0.29%
YUMC	C	0.28%
BAP	A	0.23%

EUM Underweight 23 Positions Relative to IXP

Symbol	Grade	Weight
META	D	-22.4%
GOOGL	C	-12.94%
GOOG	C	-10.69%
NFLX	A	-5.0%
DIS	B	-4.88%
VZ	C	-3.94%
CMCSA	B	-3.88%
T	A	-3.8%
TMUS	B	-2.7%
EA	A	-0.91%
CHTR	C	-0.88%
TTWO	A	-0.68%
WBD	B	-0.48%
LYV	A	-0.47%
OMC	C	-0.44%
CHT	C	-0.34%
NWSA	A	-0.25%
IPG	D	-0.24%
FOXA	A	-0.24%
MTCH	D	-0.19%
PARA	C	-0.15%
FOX	A	-0.13%
NWS	A	-0.08%